Wednesday, April 28, 2021

Ford swings to $3.3B net profit in Q1, warns of 50% cut in Q2 output

Ford lowered the top end of its full-year guidance, with the semiconductor shortage costing an estimated $2.5 billion. The company now expects to lose 1.1 million units of production throughout 2021.



from Section Page News - Automotive News https://ift.tt/3gR53BV

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